ES Journal - 2021/2022

[newbie463]

LF,
what did you have for the gap? I know it was friday's close, but do you use 3pm or 315pm?

 

[newbie463]

There's about an 80pc chance we will see 3926.25 OR 3878.

 

[Laissez Faire]

LF,
what did you have for the gap? I know it was friday's close, but do you use 3pm or 315pm?

3880. I always use the cash close @ 4 PM NY EST.

 

[EON Kid]

Good chance we have the LOD here, IMO. But will we get a second test/DB?

Best for me is if we trade back above yesterday's range now here @ 95.

EDIT: I will stop out @ 93 for + 10. If not - probably targeting 3910-3920 on the day.

3903 is the Res level to test the lows again, above this its a strong V reversal day

 

[newbie463]

Eon,

yeah, do you use 50pc for that or something else?

 

[EON Kid]

Eon,

yeah, do you use 50pc for that or something else?

Just price action, eye ball levels, look for confirmation on NQ

 

[Laissez Faire]

That was an expensive toilet visit. Stopped out for + 10 while away. Not sure I would have played it differently if present, though.

If no second test of the LOD I expected yesterday's low to hold on a second test of that. Turns out they ran it a few points below that.

Not much to do right now as the risk is too great in either direction, IMO.

 

[Buy1Sell2]

Looking for a sell down to 3865 at a minimum today. I will look there to perhaps take profits.

 

[Laissez Faire]

According to my calculations - odds favour a close above 3902 today. I will go long again on the next pullback if I get the opportunity. There's a small chance we can trade all the way back up to the HOD, but I won't hold my breath.

 

[Buy1Sell2]

Looking for a sell down to 3865 at a minimum today. I will look there to perhaps take profits.

I would say a very good chance of testing down to 3800 by week's end.